After losing $10,000 in crypto, Staging Labs co-founder developing solutions to protect digital assets
Staging Labs secures $1.1 million to protect crypto wallets against scams, fraud.
Funding
Spark Microsystems raises $34 million to meet chip demand amid supply crunch
Spark aims to accelerate product development amid chip shortages and demand fluctuations.
CAN Health Network to serve all of Canada with Québec, northern territories expansion
The initiative secured $30 million in federal funding for the expansion.
Synctera secures National Bank funding, partnership to bring banking-as-a-service platform to Canada
Synctera helps FinTechs build and launch compliant financial products debit and lending.
Firehood hands out $100,000 in prizes as the DMZ, CVCA announce women of year awards
Apricotton, Areto Labs, PragmaClin secure $100,000 in total prize money from pitch competition.
Zenhub closes $10 million to make platform for managing software projects more accessible
Yaletown-backed Zenhub aims to take the silos out of software development.
Yaletown Partners hits $200 million final close for Innovation Growth Fund II
Yaletown saw four exits in 2022, including Tasktop, Circle Cardiovascular Imaging.
Web3 startup Helika closes $4 million seed round led by Diagram Ventures
Diagram: “We see Helika at the forefront of a rapidly evolving industry.”
Daily Blends raises $2.7 million CAD, signs Metrolinx deal to deploy smart vending machines
Healthy vending machines are coming to public transit stations, college campuses across Canada.
Cohere among first investments from Salesforce’s new $250 million AI fund
Salesforce invests in Toronto startup as part of broader generative AI strategy.
Loopio, Reelhouse co-founders launch Barley to help make employee compensation easier, more equitable
Golden Ventures-backed Barley has raised $5.4 million CAD to date.
Adaptis secures $2 million CAD to help building owners move to net zero with AI
“Using deep tech to do deep decarbonization is really where we think the gap is.”
Drug discovery startup Congruence Therapeutics closes $20 million CAD extension of Series A
BDC Capital’s Thrive Venture Fund joined to lead the extension.
Uplinq partners with World Bank Group-linked global network to educate on financial inclusion
FinTech recently raised $820,000 CAD for its global credit assessment platform.
Yoshua Bengio, Element AI co-founders back AI startup Glowstick in $1.3 million round
Current and former Square and Shopify employees also invested in Glowstick.